Coefficient of indicator variable
Thecoefficientsoftheindependentvariablesareinsignificantorextremelysmall(thecoefficientontchexperisstatisticallysignificant,butitsmarginal ...,First,createtheindicator(dummy)variablesthatrepresentdifferencesbetweencategoriesofanominalorordinalvar...
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ThecoefficientonanindicatorvariableisanestimateoftheaverageDIFFERENCEinthedependentvariableforthegroupidentifiedbytheindicatorvariable(aftertakingintoaccountothervariablesintheregression)and.
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